Banking Stories

UK Stories

Banking stories

OakNorth taps Wise Platform for international payments

The deal gives growing UK firms faster, clearer cross-border transfers as small business overseas payments are forecast to surge 22% by 2029.

By Karen Joy Bacudo • 4 min read • 2 days ago

Risk & Compliance

Backbase launches conversational banking for banks

Banks using the new software can resolve routine requests in chat or by voice, while keeping tighter control over approvals and audits.

By Karen Joy Bacudo • 4 min read • 2 days ago

Global Stories

Banking stories

Quantum Computing

Gartner sees quantum spending reaching USD $1.1 billion

Global quantum computing revenue is set to top USD $1 billion by 2027 as governments and companies keep funding early-stage research.

By Karen Joy Bacudo • 3 min read • Yesterday

Document Management

Smart Communications boosts AI migration for enterprises

By cutting template rebuilds, the update could lower switching costs for insurers, banks and other regulated firms modernising customer communications.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

Risk & Compliance

Stakk completes USD $63 million ParaScript acquisition

The enlarged group now serves more than 300 enterprise customers and processes over 110 billion digital interactions a year across four regions.

By Joseph Gabriel Lagonsin • 3 min read • Yesterday

Fintech

Broadridge repo platform hits USD $7.5 trillion in September

Tokenised repo is moving into routine institutional processing, with Broadridge's platform averaging USD $359 billion a day in September.

By Sofiah Nichole Salivio • 3 min read • 3 days ago

Risk & Compliance

Failed cross-border payments cost banks USD $2.2 million

For a bank handling 10,000 cross-border payments a day, failed transactions can drain about USD $2.2 million a year and drive customers away.

By Karen Joy Bacudo • 4 min read • 3 days ago

Private Cloud

OutSystems opens Agent Experience to third-party AI agents

Large firms in regulated sectors can now use third-party AI coding agents inside OutSystems while retaining governance, auditability and deployment control.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

Fintech

G+D & FraudAverse join forces against payment fraud

Banks in the Americas are set to get faster fraud checks as the tie-up targets instant payment scams and card-not-present losses.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago

Digital Transformation

Hyperlayer joins Asia Pacific fintech lab as finalist

The Hong Kong firm will gain access to major banks and insurers as it seeks customers wary of costly core-system overhauls.

By Karen Joy Bacudo • 3 min read • 3 days ago

Manufacturing

AI, data analytics driving FPT's strong APAC growth

Enterprises across APAC are moving from AI trials to deployment, boosting demand for FPT's data-led transformation services.

By David Shilovsky • 6 min read • 3 days ago

Stories from Other Regions

Banking stories

Fintech

Iridium raises USD $3 million to automate invoice checks

The funding will help lenders cut manual checks that cost about USD $22 each and leave most invoices unverified, raising fraud risk.

By Karen Joy Bacudo • 5 min read • Today

Crypto

ACAMS launches crypto crime training with Chainalysis

Compliance teams are being pushed to learn blockchain tracing as illicit crypto activity keeps rising and digital assets enter mainstream finance.

By Karen Joy Bacudo • 4 min read • Today

Fintech

Paymentology eyes Thailand's next digital payments phase

Thailand's mature digital payments market is pushing providers to focus on usability and local fit, as PromptPay handles 2.53 billion transactions a month.

By Karen Joy Bacudo • 4 min read • Yesterday

Crypto

Standard Chartered plans Singapore digital asset custody

Institutional clients in Singapore may soon gain access to regulated custody for cryptoassets and tokenised assets as demand grows for safer digital services.

By Karen Joy Bacudo • 3 min read • Yesterday